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Fed Concerned About Commercial Real Estate; the Myth of Abercrombie & Fitch (Weekend Roundup)

So far, August has been a slow month for news and commentary on the retail real estate space. There haven't been enough items to justify daily roundup posts. (I am still trying to keep the Twitter feed active if you are looking for more regular updates.)

Here are some retail and retail real estate items from the past few days that might be of interest.

  • Someone snapped a photo of the construction of one of Microsoft's coming stores. It is not the most exciting of photos. It just shows Microsoft's logo and the logo of some of its products on a temporary construction wall. I guess at least it's proof that these stores are really coming.
  • Agnes Crane posted a commentary on a Reuter blog that is a commercial real estate death watch. The post is in part a response to the notion that the Federal Reserve Bank has said it is majorly concerned with the state of the sector. Federal Reserve Chairman Ben S. Bernanke is declining to declare that the economy or financial markets are healed because of his concerns about commercial real estate financing.
  • I don't typically link to stories from American City Business Journals because you need a subscription to read the full pieces. But there were two today that I wanted to pass along. One story is a retail leasing roundtable with a series of experts in the Dallas market. The other examines alternative tenants retail owners are bringing into properties to replace troubled stores.
  • Calculated Risk looked at second quarter investment in offices, malls and lodging late last week
  • Seeking Alpha tried to debunk the myth of Abercrombie & Fitch. The site says that aside from 2005--when the chain had a rousing year of sales--it has largely struggled and posted negative year-over-year comps. It argues that Abercrombie & Fitch's reputation as an "iconic retailer", then, is largely undeserved.
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